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NEAR Trader Books $4.43 Million Gain, Opens AAVE, BNB and MEGA Shorts

The account opened the shorts while reducing roughly 2.49 million NEAR over six hours and had fully exited as of Nov. 2.

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Four metal markers arranged across a pale trading board / TokenPost.ai
Four metal markers arranged across a pale trading board / TokenPost.ai

A trader realized about $4.43 million by closing a NEAR long position worth about $10.28 million while opening short positions in AAVE, BNB and MEGA.

The account entered the NEAR position at an average price of about $2.35 and closed roughly 2.49 million tokens at an average of $4.13. The account had been reducing the long over six hours and had fully exited as of Nov. 2.

The AAVE short was valued at about $1.47 million, making it the largest of the three, with an average price of $131.92. The BNB short was about $326,800 at an average price of $706.94. The MEGA position was about $190,500 at an average price of $0.0413.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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